Ratehub.ca has become the first Canadian financial product comparison website to offer bilingual rate comparisons for banking and investment products.
“French-speaking Canadians currently lack access to an online platform that offers a fair comparison of the financial products that are available to them. With the launch of our banking and investing product comparison tools in French, we aim to fill this gap and make it easy for Canadians to compare competitive rates, side-by-side, in one place,” said Alyssa Furtado, Co-Founder of Ratehub Inc. and CEO of Ratehub.ca. “Our goal is to provide greater access to the best financial products and information by developing the tools and resources to help Canadians make more informed decisions.”
Ratehub.ca’s updated comparison tools will allow users to compare interest rates and product features for Chequing Accounts, High Interest Savings Accounts, Tax-Free Savings Accounts (TFSAs) and Guaranteed Investment Certificates (GICs) in French.
The launch of its French banking and investing product comparison tools strengthens Ratehub.ca’s commitment to empower Canadians to search smarter and save money by offering more Canadians a full financial product comparison experience. The banking and investing product comparison tools are the latest to be offered in French. Ratehub.ca also offers mortgage and credit card comparison tools in French.
As part of this launch, Ratehub.ca has onboarded financial service providers that offer banking and investing products for residents of Quebec. To date, Ratehub.ca has welcomed providers including La Capitale Financial Group to its online platform and will be onboarding additional providers throughout 2018.
Over the course of 2018, Ratehub.ca will be developing unique, informative blog content with tips and advice on personal finance for French-speaking Canadians. The company will also roll out a fully bilingual online Education Centre for banking and investing products by the end of 2018.
See below for a list of financial products that are now available to Quebec residents.
Laurentian Bank is currently offering great rates on its one-year GIC (2.2%) as well as its five-year GIC (3.3%). They are only available in Quebec.
Oaken Financial is currently offering the highest rate on a one-year GIC in Canada (2.8%). It’s available in Quebec, though Oaken’s services are only offered in English.
Alterna Bank offers both high-interest savings accounts and tax-free savings accounts in both English and French.
Its Momentum account, meanwhile, allows users to earn 1% cash back up to $300 per year on debit purchases.
Finally, Tangerine’s market-leading no-fee account is now available in Quebec. New account holders will earn a $100 signup bonus as well.